South Jersey Energy LLC (SJI US) is a moderate-sized energy and public utilities company operating in the United States. It mainly provides natural gas and associated services. Quoted equity prices dropped almost 20% over news about possible secondary offering. In our view, the adverse effect of this has already been considered in current price.
The market continues to follow corporate earnings reports and macroeconomic stats; however, it is neither able nor willing to resume steady growth.
ПодробнееThe market continues to analyze corporations’ earnings reports and prefers moderate correction as yet.
ПодробнееNonetheless, S&P500 and Dow Jones had enough momentum to break historical maximums one more time.
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